Thomas B. Okray - Feb 22, 2023 Form 4 Insider Report for Eaton Corp plc (ETN)

Role
Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer.
Signature
/s/ Lizbeth L. Wright, as Attorney-in-Fact
Stock symbol
ETN
Transactions as of
Feb 22, 2023
Transactions value $
-$92,767
Form type
4
Date filed
2/24/2023, 07:41 PM
Previous filing
Feb 2, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETN Ordinary Shares Options Exercise $0 +1.2K +20.6% $0.00 7.04K Feb 22, 2023 Direct
transaction ETN Ordinary Shares Tax liability -$92.8K -540 -7.67% $171.79 6.5K Feb 22, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETN Stock Option Award $0 +13.3K $0.00 13.3K Feb 22, 2023 Ordinary Shares 13.3K $171.31 Direct F1
transaction ETN Restricted Stock Units Award $0 +3.7K $0.00 3.7K Feb 22, 2023 Ordinary Shares 3.7K $0.00 Direct F2, F3
transaction ETN Restricted Stock Units Options Exercise $0 -1.2K -32.98% $0.00 2.44K Feb 22, 2023 Ordinary Shares 1.2K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options become exercisable as follows: 33% on the first and second anniversary of the date of the grant and the remaining 34% on the third anniversary of the date of the grant.
F2 These restricted stock units were granted on February 22, 2023 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.
F3 This field is not applicable.
F4 These restricted stock units were granted on February 22, 2022 and vest as follows: 33% on the first and second anniversary of the grant date and the remaining 34% on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one ordinary share of the Issuer.

Remarks:

Executive Vice President and Chief Financial Officer of Eaton Corporation, a subsidiary of the Issuer.